Wi-Fi Customer Premises Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Wi-Fi Customer Premises Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : May, 2021 | Technology & Media

Report Digest

Wi-Fi Customer Premises Equipment Market: Overview

Growing digitalization and rising need for technologies such as internet of things (IoT) and 5G entering the digital world are expected to drive the global Wi-Fi customer premises equipment market. Additionally, rising demand for smart phones and adoption of smart devices, smart cities are paving the way for growth avenues in the wifi customer premises equipment market.

Cisco & Google Collaboration to Boost Market

Cisco and Google are collaborating to provide high speed internet at public places in India. The operations have already commenced in major cities and 200 locations are already Wi-Fi enabled. Such transformational shift across all the countries and states may contribute towards the expansion of the global Wi-Fi customer premises equipment market.

Wi- Fi Certified 6 Technologies to Provide Impetus to Global Wi-Fi Customer Premises Market

The advent of Wi-Fi 6 certified technologies is all set to enter the market with device based IEEE 802 . 11 ax technology.

  • The device is expected to meet the industry standards of security and interoperability.
  • The network certification is expected to offer wide coverage and optimal efficiency in crowded environment.
  • The certification technology will provide enhanced integration with other devices and also result in enhanced power efficiency. This is expected to give a next generation experience to users.
  • Additionally, it is likely to provide better battery performance in all the devices such internet of things.

All the above features of upcoming technology is projected to contribute towards the growth in the global Wi-Fi customer premises penetration market in the upcoming years. 

As the need for simplified network administration escalates for residential as well as commercial applications, indoor or outdoor, that can be efficiently and flexibly handled by a commodity operator, it is most likely that Wi-Fi customer premises equipment would witness higher traction in coming years.

With growing demand for mobility and increasing significance of virtual networking infrastructure, Wi-Fi customer premises equipment (CPE) is likely to sustain steady adoption over the foreseeable future. Enhanced physical networking, subsequently resulting in the ascending availability of sharable virtual resources, is projected to support the growth of Wi-Fi customer premises equipment market.

With 5G technology holding the promise to govern the telecom world over the course of next few years, the key companies involved in Wi-Fi customer premises equipment are also providing ground for 5G devices, i.e. 5G compatible customer premises equipment.

5G Takes the Front Seat in Wi-Fi Customer Premises Equipment Market

  • One of the earliest developed 5G devices includes the Wi-Fi customer premises equipment launched by Samsung Electronics Co. Ltd. – specifically for Verizon Communications Inc.
  • At MWC (Mobile World Congress) 2018, Huawei Technologies Co., Ltd. made an announcement regarding the launch of their first-ever 5G Wi-Fi customer premises equipment. The company recently launched an advanced trial of the 5G Wi-Fi customer premises equipment in Vancouver, which is projected to potentially lead to reduced costs of 5G in coming years. In a strategic partnership with Canada-based Telus, Huawei intends to slash down 5G costs for operators that will subsequently increase its accessibility for customers. With an ultimate objective to create a last-mile alternative to fiber in form of high-speed Wi-Fi 5G customer premises equipment, Huawei is expected to extend this solution Beyond customers and operators - to governments for Big Data and smart city applications.
  • Optus, Australia’s telecom giant, recently announced the plan of launching the 5G fixed wireless CPE soon, this year. While the company has already successfully accomplished a (test) 5G data call from their Canberra-based site, it is claimed that the call is the first-of-its-kind in the country, at a channel bandwidth of 60 MHz on a 5G device and Optus’ live network. Optus, for this project, had partnered with Nokia - the latter was majorly involved in the development of the Wi-Fi customer premises equipment and the 5G radio network.

Apart from Huawei Technologies, some more recognized companies are operating in the global WiFi customer premises equipment market, including AT&T, Qosmos, Ericsson, Verizon Wireless, Orange Business Services, Cisco Systems, Barcode Communications System, Dell, IBM, and, Intel Corporation.

Network Providers Partaking in the Mass Shift to Wi-Fi Customer Premises Equipment

Wireless network operators continue to face the growing customer dependency on advanced featured Wi-Fi network with high transmit power, without compromising on economic costs. Wireless customer premises equipment (CPE) has been a versatile wireless device solution for outdoor as well as indoor network connectivity demands. Increasing adoption of Wi-Fi customer premises equipment by households, commercial WISP providers and Wi-Fi installers, educational institutes, transportation terminals, convention centers, recreation areas and theme parks, and government facilities.

A substantial revenue share of the total sales of customer premises equipment is already taken up by Wi-Fi customer premises equipment. Further, a rapid mass shift of network service providers to integrated devices with an objective to regulate user experience is pointing to the increasing preference for Wi-Fi customer premises equipment in coming years.

Taxonomy: Global Wi-Fi Customer Premises Equipment Market

The global Wi-Fi customer premises equipment market has been categorized on the basis of type of application and geography.

Wi-Fi Customer Premises Equipment Market Segmentation by Application -

  • Residential
  • Enterprises/Commercial

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?